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Thai Beverage (Thai Beverage) Cyclically Adjusted PS Ratio : 1.28 (As of May. 24, 2024)


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What is Thai Beverage Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Thai Beverage's current share price is $39.24. Thai Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.60. Thai Beverage's Cyclically Adjusted PS Ratio for today is 1.28.

The historical rank and industry rank for Thai Beverage's Cyclically Adjusted PS Ratio or its related term are showing as below:

TBVPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.22   Max: 3.77
Current: 1.17

During the past years, Thai Beverage's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 1.13. And the median was 2.22.

TBVPY's Cyclically Adjusted PS Ratio is ranked better than
58.93% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs TBVPY: 1.17

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Thai Beverage's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.929. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $30.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Beverage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thai Beverage's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thai Beverage Cyclically Adjusted PS Ratio Chart

Thai Beverage Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 - - - -

Thai Beverage Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 - 1.55 - 1.16

Competitive Comparison of Thai Beverage's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Beverage's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thai Beverage's Cyclically Adjusted PS Ratio falls into.



Thai Beverage Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Thai Beverage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.24/30.6
=1.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thai Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thai Beverage's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.929/131.7762*131.7762
=7.929

Current CPI (Mar. 2024) = 131.7762.

Thai Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 4.803 97.633 6.483
201212 5.329 96.871 7.249
201303 5.383 98.209 7.223
201306 4.856 98.518 6.495
201309 4.411 98.790 5.884
201312 5.508 98.326 7.382
201403 5.051 99.695 6.676
201406 4.906 100.560 6.429
201409 4.420 100.428 5.800
201412 5.418 99.070 7.207
201503 5.581 99.621 7.382
201506 4.537 100.684 5.938
201509 4.053 100.392 5.320
201512 5.709 99.792 7.539
201603 6.240 100.470 8.184
201606 5.106 101.688 6.617
201609 4.420 101.861 5.718
201612 5.213 101.863 6.744
201703 5.749 102.862 7.365
201706 5.305 103.349 6.764
201709 5.711 104.136 7.227
201712 5.552 104.011 7.034
201803 8.609 105.290 10.775
201806 7.433 106.317 9.213
201809 6.841 106.507 8.464
201812 8.840 105.998 10.990
201903 8.761 107.251 10.764
201906 8.021 108.070 9.781
201909 8.088 108.329 9.839
201912 9.979 108.420 12.129
202003 7.728 108.902 9.351
202009 0.000 109.815 0.000
202012 9.501 109.897 11.393
202103 7.686 111.754 9.063
202109 0.000 115.734 0.000
202203 7.793 121.301 8.466
202209 0.000 125.227 0.000
202303 7.781 127.348 8.052
202309 0.000 129.860 0.000
202403 7.929 131.776 7.929

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Thai Beverage  (OTCPK:TBVPY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Thai Beverage Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Thai Beverage's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Beverage (Thai Beverage) Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (Thai Beverage) Headlines

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